Analyze that, BlueMatrix acquires RMS business from FactSet to expand globally

BlueMatrix announced the acquisition of RMS Partners business from FactSet (FDS) on September 16. The transaction expands BlueMatrix’s presence in Europe, Middle East, Africa and Asia-Pacific regions while enhancing its investment research software offerings.

RMS provides clients with tools to aggregate and analyze financial datasets for custom modeling and reporting, supporting both sell-side research creation and buy-side investment decisions. The platform features multi-environment database schemas that allow users to create specialized workflows for specific regions, sectors or methodologies.

“We are thrilled to welcome the RMS team and to have the privilege of serving existing customers who trust this platform,” said Patricia Horotan, CEO of BlueMatrix. The acquisition aims to accelerate product development and deliver enhanced capabilities to research and investment professionals.

As part of the deal, BlueMatrix and FactSet established an enhanced commercial agreement making FactSet the preferred data provider for BlueMatrix. Transaction terms were not disclosed.

“This represents a positive, strategic choice for our Dealmakers & Wealth sell-side business unit, which continues to be a driver of FactSet’s growth,” said Kristina Karnovsky, Executive Vice President and Head of Dealmakers & Wealth at FactSet.

BlueMatrix operates as a capital markets content publishing platform serving over 1,000 financial institutions across more than 50 countries. The company is backed by private equity firm Thoma Bravo, which manages approximately $184 billion in assets under management as of March 31, 2025.